1516 27th st, Lubbock, TX 79411
1516 27th st, Lubbock, TX 79411
1516 27th st, Lubbock, TX 79411
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$130,000
Est. payment /mo
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3 Beds
2 Baths
6,695 Sqft Lot
New

1516 27th st Lubbock, TX 79411

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Patricia Ann Young

Patricia Ann Young

+1(972) 795-4260

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision Belmont Place

MLS Listing ID 21320356

Bedrooms 3

Full Baths 2

HOA Y/N None

Total Fin. Sqft 744

Year Built 1943

Lot Size 6,695 Sqft

Acres 0.1537

Property Sub-Type Multiple Single Units

Property Description

Excellent investment opportunity with immediate income potential! This property features a tenant-occupied 2-bedroom, 1-bath main home currently leased at $700 per month, plus a fully renovated 1-bedroom, 1-bath detached ADU completed in 2025. The ADU was previously leased for $830 per month and is now vacant, offering the flexibility to place a new tenant at market rates or use the space for extended family, guests, or a home office (buyer to verify permitted uses).

The recent renovation of the ADU provides a fresh, move-in-ready space, while the established rental in the main home offers immediate cash flow. Conveniently located near Texas Tech University, downtown Lubbock, medical facilities, shopping, and dining, this versatile property is ideal for investors looking to expand their portfolio or buyers seeking a home with additional income potential.

Don't miss this opportunity to own a property with two separate living spaces and strong rental possibilities!

Location

State TX

County Lubbock

Direction GPS

Interior

Interior Features Other

Heating Other

Cooling Window Unit(s)

Flooring Other

Appliance Other

Heat Source Other

Exterior

Utilities Available City Sewer, City Water

Roof Type Composition

Garage No

Building

Story One

Foundation Pillar/Post/Pier

Level or Stories One

Structure Type Wood

Schools

Elementary Schools Brown

Middle Schools Slaton

High Schools Lubbock

School District Lubbock Isd

Others

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21320356

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2026 North Texas Real Estate Information Systems.
Listed by Kensey Chase • Real Broker, LLC

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Slaton-Bean, Lubbock, TX

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Patricia Ann Young

Patricia Ann Young

Agent | License ID: 0555284

+1(972) 795-4260

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1516 27th st

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